Property News - July 2024

Welcome to our Property Investment Newsletter, the aim of which is to keep you up to date and informed as to the most recent property trends and news.

This month we are proud to announce a large leasing transaction, we at PPI concluded, for listed REIT "Redefine Properties" securing yet another Blue Chip corporate lease for KZN. CLICK HERE .. for the full story!

Please feel free to contact us with regards to all your Residential, Commercial and Industrial sales, lettings, auction and property management requirements. We look forward to being of service to you!

Portfolio Property Investments (PPI) is fully online via our Unique business platform that can be accessed by us as your agents, yourself as clients, your partners and you auditor “24/7” no matter where you may be. 



Articles

Rising Damp and Failed Waterproofing - How to Sue the Sellers

Consider this all-too-common scenario: You buy your dream house and happily move in. Only then do you discover that the house has major defects, which were never disclosed to you by the seller. You demand the seller pays the repair costs but the seller refuses. So off to court you go, claiming either damages or a reduction in the purchase price.



Sectional Title - An overview of potential claims for relief under section 39 of the CSOS Act

Section 39 of the Community Schemes Ombud Service Act of 2011 (CSOS Act) provides a list of specific orders that can be sought through applications to the CSOS. These orders can be categorised into financial, physical, and administrative scheme management orders.



Legal Speak made Easy - “Suspensive” or “Resolutive” Condition?

You will find suspensive and resolutive conditions in many types of contracts, including property sale agreements and the like.



SA Elections – A historic shift to the middle

Some things that did not happen during this election season are as important as those that did. What did not happen?



Durban Leasing - 2,016 sqm Office Deal Concluded in Westville!

Portfolio Property Investments is pleased to announce the successful placement of Vector Logistics into their new offices at The Essex Gardens Office Park, located in the vibrant suburb of Westville, Durban. This achievement comes through a strategic collaboration with Redefine Properties, showcasing our commitment to delivering exceptional real estate solutions.


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